CRYPTOCRASH—10 Reasons I Don't Invest in Crypto, Bitcoin or Blockchain | The McFuture w/Steve Faktor

A unconventional & philosophical take on the #cryptocrash and why #crypto #blockchain & #bitcoin narratives don't make sense to this grizzled, recovering payments & finance executive. | Share & subscribe to the podcast & newsletter at https://SteveFaktor.com | Please support the show at https://patreon.com/McFuture & get lots of exclusives.

EPISODE CONTENTS:
01:18 Paying Our Disrespects
03:48 How Govt Created Crypto
05:19 Beautiful Believers
05:57 Useless Dopaminers
07:59 Cynical Alchemists
09:24 Dorsey's War on "Decentralization"
10:48 How Capitalism Trumps Web3
12:37 Rebranding Bitcoin & Blockchain
14:23 The Amazing Race...is Lost
16:49 The Dirty Secret of Middlemen
19:37 Real Reason VCs Love Crypto
20:34 What's The Maximum Value of Bitcoin? Is it still worth the gamble?
22:35 Dupe Capital
23:35 Is Crypto A Ponzi Scheme?
24:04 Crypto's Biggest Losers: El Salvador
24:40 Crypto's Biggest Losers: Michael Saylor
26:20 Why Crypto is a Trojan Horse
28:20 Two Biggest Lessons From The Cryptocrash
29:22 What's Next? Maybe, Worst of Both Worlds
30:12 Better Solutions Ahead?
30:55 The Achille's Heels in Vitalik Buterin's "Soulful Crypto" — And All Crypto Visions
34:41 Bonus: Tardy To The Crypto Party
36:06 Saylor's Shipwreck

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